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Appropriateness of conditional logit for the modeling of residential fuel choice

Journal Article · · Land Econ.; (United States)
DOI:https://doi.org/10.2307/3145694· OSTI ID:6632599
The author develops a likelihood test to see if conditional logit in aggregate energy-choice models is appropriate for predicting the probability that alternative residential fuels will be purchased. Among the array of probability models available, the conditional logit model is the least valid because it is rejected by the data. Generalized logit models are more useful because they consider price, availability, and other factors. 27 references, 1 table.
OSTI ID:
6632599
Journal Information:
Land Econ.; (United States), Journal Name: Land Econ.; (United States) Vol. 58:4; ISSN LAECA
Country of Publication:
United States
Language:
English